Ripple may be preparing to apply for XRP ETF

According to Fox Business reporter Eleanor Terret, Ripple is looking for a senior manager position in business development in New York. The job requirements involve "promoting ETF plans related to cryptocurrency," which may imply that the company is preparing to apply for an XRP ETF. Eleanor Terret said that the premise of spot XRP ETF is that there needs to be a futures ETF. Part of the reason why the Bitcoin spot ETF was approved is that the US SEC concluded that the CME Bitcoin futures market is sufficient to provide monitoring of fraud and manipulation. If futures can be launched, XRP ETF will be an important step in the right direction towards spot XRP ETF.